London Biscuits sells industrial land for RM70m to pay off creditors
KUALA LUMPUR (May 7): London Biscuits Bhd, which is currently under liquidation, is selling seven parcels of freehold industrial land in Johor Bahru for RM70 million.
Demand for warehouses up but industrial overhang continues to rise
PETALING JAYA (April 30): The expansion of e-commerce may have spurred demand for warehouses/logistics-related properties but the overhang of industrial property sub-segment has seen overhang units rising since 2015.
AMMB and AmIslamic seek to strike out Najib's suit
KUALA LUMPUR (March 25): AmBank Islamic Bhd and AMMB Holdings Bhd have joined with former relationship manager Joanna Yu Ging Ping to file a striking-out application of the suit filed against them by former premier Datuk Seri Najib Abdul Razak.
Criminal, civil trials postponed until March 31
PUTRAJAYA (March 17): Criminal and civil trials scheduled between tomorrow and March 31 have been postponed, in line with the restriction of movement order issued by Prime Minister Tan Sri Muhyiddin Yassin last night.
Judge reminds Rosmah’s laywer of who is on trial
KUALA LUMPUR (March 12): The judge in Datin Seri Rosmah Mansor’s graft trial reminded the latter’s lawyer today that a former government official currently testifying in the case is not the accused person, after the lawyer asked the witness if he had pulled strings to obtain payment for a project.
1MDB-Tanore trial: Shahrol to return to witness stand after four-month hiatus
KUALA LUMPUR (March 12): Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi will return as the ninth prosecution witness today in the 1MDB-Tanore trial against former prime minister Datuk Seri Najib Razak, after the trial took a break since November last year.
Defence closes case in SRC trial, April 21 fixed for written submissions
KUALA LUMPUR (March 11): The High Court today set April 21 as the deadline to submit written submissions in the SRC International Sdn Bhd trial, after the defence closed its case.
Rosmah asked former education sec-gen to speed up payments to Jepak
KUALA LUMPUR (March 11): Former education secretary-general Datuk Seri Alias Ahmad said Datin Seri Rosmah Mansor had asked him to speed up the signing of Jepak Holdings Sdn Bhd’s contract for the solar hybrid power project so that progress payments to the company could be released.
Najib cleared way for Jepak to obtain advance payments from MoF
KUALA LUMPUR (March 11): Datuk Seri Najib Abdul Razak, when he was prime minister and finance minister, helped to clear way for Jepak Holdings Sdn Bhd to obtain interim and advance payments of over RM190 million from the Ministry of Finance (MoF).
_0.jpg)
Witness: Ex-MACC chief Abu Kassim recommended AG charge Najib before investigations completed
KUALA LUMPUR (March 10): Former head of the money laundering unit in the Attorney General’s Chambers Tan Sri Dzulkifli Ahmad told the High Court that when former Malaysian Anti-Corruption Commission chief commissioner Tan Sri Abu Kassim Mohamed recommended to the task force in July 2015 that Datuk Seri Najib Abdul Razak be charged, the investigation papers had yet to be completed.
